Suntrust Banks, Inc
Mortgage Loan Application
Totals and Details
for 2016

Find mortgage statistics in Georgia.
The mortgage statistics provided below are specific to mortgages loaned by Suntrust Banks, Inc, and
charts are available for all areas of Georgia.
Search for mortgage details by county or metropolitan area and explore the total number of mortgage applications and mortgage application details for 2003-2016.

Mortgage Company & Address Suntrust Banks, Inc
P.O. Box 4418, Mail Code 0663
Atlanta, GA 30302
Tel #: available with data download
Federal Regulator * available with data download
Years 2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 83,862
Total Mortgage Loan Application Amount $7,498,677,000
Average Mortgage Loan Application Amount $42,834
Highest Mortgage Loan Application Amount $76,000,000
Average Applicant Income $111,955
Highest Applicant Income $9,999,000

We provide overall totals and averages for each year, as well as highest application amount and the income of the highest applicant.
As you search for the best mortgages in GA, our lists will give you a good idea what to expect in any situation.
These numbers will tell you what the best mortgage loans are by county, by race, and per income. With this information, you can be prepared to get the best mortgage price when you search out a mortgage lender.

Download the Georgia Lender List

Our numbers detail mortgage loan totals in categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage applicants in Georgia, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Suntrust Banks, Inc in 2016

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Improvement 76,009 $1,738,364,000 $22,000 $9,440,000 $109,000 $9,999,000
Home Purchase 4,970 $3,399,589,000 $684,000 $76,000,000 $290,000 $9,999,000
Refinancing 2,884 $2,360,729,000 $818,000 $59,400,000 $348,000 $9,513,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 44,715 $1,030,356,000 $23,000 $1,400,000 $116,000 $9,999,000
Not Provided 12,743 $319,422,000 $25,000 $272,000 $119,000 $8,500,000
Black or African American 9,914 $121,332,000 $12,000 $100,000 $67,000 $9,999,000
Not applicable 7,899 $5,826,449,000 $737,000 $76,000,000 $310,000 $9,999,000
Hispanic 5,676 $119,496,000 $21,000 $100,000 $97,000 $9,999,000
Asian 2,101 $64,488,000 $30,000 $1,300,000 $125,000 $2,611,000
American Indian or Alaskan Native 583 $11,529,000 $19,000 $100,000 $99,000 $800,000
Native Hawaiin or Other Pacific Islander 232 $5,610,000 $24,000 $100,000 $101,000 $1,080,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 83,863 $7,498,682,000 $89,000 $76,000,000 $128,000 $9,999,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Application Denied By Financial Institution 49,727 $1,095,792,000 $22,000 $2,304,000 $91,000 $9,999,000
Loan Originated 23,802 $924,699,000 $38,000 $76,000,000 $142,000 $5,000,000
Loan Purchased By The Institution 7,798 $5,397,222,000 $692,000 $59,400,000 $314,000 $9,999,000
Application Approved But Not Accepted 2,200 $55,112,000 $25,000 $1,400,000 $141,000 $9,999,000
Application Withdrawn By Applicant 336 $25,857,000 $76,000 $11,500,000 $171,000 $2,000,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Credit History 28,952 $521,137,000 $18,000 $1,500,000 $92,000 $9,999,000
Debt-To-Income Ratio 13,490 $418,136,000 $30,000 $2,304,000 $78,000 $7,713,000
Unverifiable Information 3,514 $42,537,000 $12,000 $100,000 $79,000 $9,999,000
Credit Application Incomplete 3,185 $94,138,000 $29,000 $865,000 $155,000 $9,999,000
Other 547 $9,213,000 $16,000 $506,000 $113,000 $3,775,000
Collateral 24 $1,716,000 $71,000 $1,120,000 $43,000 $170,000
Insufficient Cash (Downpayment, Closing Cost) 14 $8,910,000 $636,000 $1,800,000 $21,000 $270,000
Employment History 1 $5,000 $5,000 $5,000 $28,000 $28,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage application data give you everything you need to know as you start your search for the best lenders in GA, and give you an idea of what the best mortgage loans really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Georgia, and search similar information back through 2003.

Download the Georgia Lender List